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CAR report quantifies automotive’s position as a leading high-tech industry

Green Car Congress

A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the auto industry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.

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UAW strikes: GM shuts down Kansas plant and lays off 2,000 workers

Teslarati

General Motors (GM) has shut down a manufacturing plant in Kansas and laid off the site’s roughly 2,000 workers after the automaker stated plans to do so last week. The news comes as the latest amidst strikes from the United Auto Workers (UAW) union targeting Ford, GM and Stellantis. That is a fact.”

Kansas 101
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Ford and UAW reached a tentative local agreement at Kentucky plant

Teslarati

Earlier this month, the UAW threatened to launch a strike at Ford’s most profitable manufacturing facility, the Kentucky Truck Plant , if an agreement wasn’t reached by February 23. My father grew up here, then moved to Michigan and got a job with Ford. I come from a union family, I know the difference the union makes.

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Rivian IPO: What you need to know

Teslarati

Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 billion) and Ford Motor Company ($79.65 It would also overtake longtime players in the auto segment, such as Japanese carmakers Honda Motor Co., The Finances So Far. ” Conclusion.

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Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

So will his billions rejuvenate the American auto industry and put it back on top of the motoring world as it enters a new era? The economic stimulus funds have been doled out to programmes in 20 US states, but Michigan, the traditional home of motoring, is the key beneficiary. Who will benefit?

Green 51
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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

These projects, selected through a highly competitive process by the Department of Energy (DOE), are intended to accelerate the development of US manufacturing capacity for batteries and electric drive components as well as the deployment of electric drive vehicles. Industry officials expect that this $2.4 DOE Award ($mil.).

Grant 317
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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles. It’s a 21st-century equivalent of what we did in 1942. And no one asked what it would cost. We just had to do it.

Oil 252